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Digital News Report – Many Americans will be looking for health insurance after the new health care reform kicks-in. Whether you are employed or self-employed, you will need to get health insurance coverage. A recent study found that companies may be cutting back or switching to plans with fewer benefits by 2011.
There are dozens of companies to choose from with dozens of plans to consider. Insurance companies will vary from state to state. For instance, you may not be able to get Blue Cross or Health Net in some states.
Insurance costs are determined by your age, your health conditions and the insurance company. It is better to get coverage before you have a health condition rather than wait until you or a family member falls ill.
Aetna has a Preventive and Hospital Care 3000. This plan is HSA (Health Savings Account) compatible. The PPO plan does not cover doctor visits and has a $3,000 deductible. The co-insurance rate is 20%. Monthly premiums start at $49.
HealthNet offers a CFB Sensible HSA 5200 plan. This PPO plan has a $5,200 deductible but a zero percent co-insurance. You don’t pay for doctors’ visits after the deductible is met. The premium is $61.
Blue Shield of California offers their Vital Shield 2900. This PPO offers a $2,900 deductible with a 40-percent co-pay. The plan will cover the first two yearly doctor visits. The cost of this plan is $67.00.
By: Tina Brown
Personal Finance Reporter